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PROPERTY INVESTMENT UPDATE

2016

14 13

32

19

23 31

The developments listed here reflect the status of investments completed in the Central City during 2016, as well as those under construction, undergoing refurbishment or either in planning or proposed as of December 2016. They indicate, conservatively1, an investment value into the CBD between 2016 and 2020 of R12.086 billion. For more detailed information on each development in terms of developers, status and timeframe, refer to the relevant precinct (P1 to 4 as indicated below) in Section 3 of this publication. COMPLETED UNDERWAY PLANNED PROPOSED

1

1

NETCARE CHRISTIAAN BARNARD MEMORIAL HOSPITAL (P1) PRIVATE HOSPITAL, R330m DEVELOPER Netcare

2

WESBANK HOUSE (P2)

COMMERCIAL & RETAIL, R10m DEVELOPER Emira Property

Fund

3

PIER PLACE (P1) COMMERCIAL, R200m DEVELOPER Aria Property Group

4

4

COMMERCIAL, RETAIL & RESIDENTIAL, R20m DEVELOPER FWJK on behalf

of Berk Property Holding

11

9

6

SOUTHERN SUN CAPE SUN REFURBISHMENT (P2) HOTEL, R250m DEVELOPER Tsogo Sun

CAPE TOWN INTERNATIONAL CONVENTION CENTRE EAST WING (P1) CONVENTION CENTRE, R832m DEVELOPER City of Cape Town

7

KPMG PLACE (P1) COMMERCIAL & RETAIL,

R400m 4 LOOP STREET (P1)

6

5

ARTSCAPE LIVE 20!20 (P1) ENTERTAINMENT R86m (R1.5bn overall value) DEVELOPER Western Cape Government

DEVELOPER FWJK

8

RADISSON BLU HOTEL & RESIDENCE (P1) RESIDENTIAL & HOTEL, R1bn DEVELOPER Signatura

39

20

BEAUFORT HOUSE (P2) GOVERNMENT, R120m DEVELOPER City of Cape Town

IZIKO PLANETARIUM (P3) NATIONAL MUSEUM,

R27m DEVELOPER Iziko Museums

10 11

SUNSQUARE AND STAYEASY HOTELS (P2) HOTEL, R680m DEVELOPER Tsogo Sun

12

13 14

IZIKO SOUTH AFRICAN MUSEUM (P3) NATIONAL MUSEUM, R187m DEVELOPER Iziko Museums

15

THE SENTINEL (P3) RESIDENTIAL & RETAIL,

R200m DEVELOPER Nova Group in

association with Dogon TWINELL BUILDING (P2)

COMMERCIAL & RETAIL,

R120m DEVELOPER Kings Cross

Properties

16

URBAN ON BREE (P3) RESIDENTIAL,TBC DEVELOPER Urban On

17

CAPE TOWN CITY HALL (P4) GOVERNMENT, R27m DEVELOPER City of Cape Town

16

15

16

18

CAPE TOWN STATION REDEVELOPMENT PHASE 2 (P4) GOVERNMENT, R210m DEVELOPER Prasa/Intersite

19

COLLEGE OF CAPE TOWN (P4) EDUCATION, R19m DEVELOPER College of Cape Town

20

MASTER OF THE HIGH COURT BUILDING (P4)

FAMILY & REGIONAL COURT,

R70m DEVELOPER Department

of Public Works

21

SPEAKERS CORNER (P4) COMMERCIAL & RETAIL, TBC DEVELOPER Urban Lime

17

The State of Cape Town Central City Report 2016  
The State of Cape Town Central City Report 2016  

Looking back at 2016 in terms of the economic and investment climate of the Cape Town CBD.

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